COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
LR No.: 3305-03
Bill No.: Truly Agreed to and Finally Passed SCS for SB 987
Subject: Cities: Water Resources, Water Districts
Type: Origianl
Date: June 2, 2004
FISCAL SUMMARY
| FUND AFFECTED | FY 2005 | FY 2006 | FY 2007 |
| Total Estimated
Net Effect on General Revenue Fund |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2005 | FY 2006 | FY 2007 |
| Total Estimated
Net Effect on Other State Funds |
$0 | $0 | $0 |
Numbers within parentheses: ( ) indicate costs or losses.
This fiscal note contains 4 pages.
| FUND AFFECTED | FY 2005 | FY 2006 | FY 2007 |
| Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2005 | FY 2006 | FY 2007 |
| Local Government | $0 | $0 | $0 |
ASSUMPTION
Officials of the Department of Natural Resources assume no fiscal impact.
Officials of the Office of Administration stated there would be no fiscal impact to the State until FY 08, which is beyond the scope of this fiscal note. Officials stated there would be no bond issuance in FY 05. There would be a $45 million issuance in FY 06 using existing legislative authorization. There would be no bond issuance in FY 07. Bonds authorized by this proposal would not be issued prior to FY 08. For the purposes of this fiscal note, no impact will be shown for FY 05, 06, and 07.
Officials stated there would be one-time fiscal impact in FY 08 of $41,267.75 for personal service and fringe benefits, and there would be issuance cost of $150,000. Total one-time cost in FY 08 would be $191,267.75.
Officials of the City of Boonville assume no fiscal impact.
ASSUMPTION (continued)
In response to similar legislation the following entities assumed no fiscal impact.
Officials of the Kansas City Manager's Office assume no fiscal impact.
Officials of the City of Springfield assume no fiscal impact.
| FISCAL IMPACT - State Government | FY 2005
(10 Mo.) |
FY 2006 | FY 2007 |
| $0 | $0 | $0 | |
| FISCAL IMPACT - Local Government | FY 2005
(10 Mo.) |
FY 2006 | FY 2007 |
| $0 | $0 | $0 |
FISCAL IMPACT - Small Business
No direct fiscal impact to small businesses would be expected as a result of this proposal.
DESCRIPTION
The act includes language modifications clarifying that exceptions to the formation of a district may be made by any voter, landowner or by any municipality with boundaries located not more than one mile from any boundary of the proposed district.
This act requires that the petition needed to form a public water supply district be verified by at least of the signers of the petition. The verification shall include a statement confirming that service has been made by mail to municipalities located within one mile of the boundary of the water supply district sought.
DESCRIPTION continued
In addition to amounts authorized prior to August 28, 2004, this act authorizes the Board of Fund Commissioners to issue bonds for grants and loans pursuant to several sections of Article III of the Missouri Constitution. The authorizations are for:
(1) $10 million of bonds for waste water pollution control, drinking water system improvements, and storm water control pursuant to Section 37(e);
(2) $10 million of bonds for rural water and sewer projects pursuant to Section 37(g); and
(3) $20 million of bonds for storm water control plans, studies, and projects in first classification counties and the City of St. Louis pursuant to Section 37(h).
This act states that powers granted by Section 247.085, RSMo, are in addition to powers granted in other sections and are not subject to such sections.
This act requires that a city administrator notify a public water supply district when one inquires about the supply of the water service to a construction project involving a multiresidential or commercial development.
This legislation is not federally mandated, would not duplicate any other program and would not require additional capital improvements or rental space.
SOURCES OF INFORMATION
Office of Administration- Accounting
Department of Natural Resources
Kansas City Manager's Office
City of Springfield
City of Boonville
Mickey Wilson, CPA
Director
June 2, 2004